Stronghold Digital Mining, Inc. (SDIG)
NASDAQ: SDIG · IEX Real-Time Price · USD
7.30
-2.46 (-25.20%)
At close: Dec 29, 2023, 4:00 PM
7.62
+0.32 (4.38%)
After-hours: Dec 29, 2023, 7:59 PM EST
Stronghold Digital Mining Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for SDIG stock stock is $17.5, which predicts an increase of 139.73%. The lowest target is $10 and the highest is $22.5. On average, analysts rate SDIG stock stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 5, 2023.
Analyst Ratings
The average analyst rating for SDIG stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +173.97% | May 5, 2023 |
| Compass Point | Compass Point | Strong Buy Maintains $15 → $23 | Strong Buy | Maintains | $15 → $23 | +208.22% | Apr 14, 2023 |
| Compass Point | Compass Point | Strong Buy Maintains $10 → $15 | Strong Buy | Maintains | $10 → $15 | +105.48% | Mar 30, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $30 → $20 | Strong Buy | Maintains | $30 → $20 | +173.97% | Mar 30, 2023 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $10 | Hold → Strong Buy | Upgrades | $10 | +36.99% | Feb 8, 2023 |
Financial Forecast
Revenue This Year
79.90M
from 106.03M
Decreased by -24.65%
Revenue Next Year
113.16M
from 79.90M
Increased by 41.63%
EPS This Year
-9.72
from -34.50
EPS Next Year
-1.56
from -9.72
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 87.5M | 128.7M |
| Avg | 79.9M | 113.2M |
| Low | 71.9M | 97.3M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -17.5% | 61.1% |
| Avg | -24.6% | 41.6% |
| Low | -32.2% | 21.8% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -10.01 | 0.08 |
| Avg | -9.72 | -1.56 |
| Low | -9.34 | -3.07 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.